COMMERCIAL. OAMARU MARKET REPORT.

North Otago Times, Volume XXXVII, Issue 8084, 24 September 1894, Page 2

COMMERCIAL. OAMARU MARKET REPORT.

NOUTII OlAOO TlMKB OfFIOK, Saturday afternoon. Ilcportit rolativo to the tttocks hold by mciohanta and millers ate to the effect that lingo stocks arc held by both, and that now it 10 difficult to ooll ut pricun that will realise tho pi ice given to the growers. Merchants speculated when reports were current tlmt tho quantity of milling wheat in the colony would be inadequate to meet the demand ; bub they did not anticipate that Oouth Australia would ship her products to Now Zealand. Farmers who have held are alno regretting that they did nob Bell oix weeks' ago ; as with the extensive crops in the wheat countries in tho world there is little prospect of tho price improving. Australian Hour is boing landed in Auckland at hi Is Ikl per ton duty paid, and as it m agaiiiHt thin thab the millers have to operate it i« impossible for the Now Zealand miller to give high pi ices. Locally tht> willoru and merchants aro not buying. They ure well stocked, and fanners are now offering the wheat they have held for two years, Thoro jb not much business doing, ■ and will not bo until imlhra work down their present stocks, i'litne volvet is jiominal at 'Jts (Jd and 2a 7d, and Tuscan and fed atnvw wheats at Id to 2d lean. Fowl's feed in at from Is lUd to 2-i. <Juts display little activity »t J» id to Js 5d for best short, and J» 2d to Is yd for Danish and Tartars. Barley in unquoted and none is offering. Potatoes ure dull, at from LI 2a (id to LI .Is at country aiding*), b^gs extra. JBrrin and pollurd are at L'J 0« and L2 10i respectively, and tho other lines of pioduce are unaltered. Daily produce : Butter, 8d to 9d ; factory j»ade f 2d more ; tggs, «5il ; pork, 3Jd.